Economy, asked by renuhanotia, 4 months ago

Define primary sector , secondary sector, tertiary sector.

Answers

Answered by pratyush15899
23

Explanation:

Primary sector:

It is the sector that produces goods by exploiting natural resources like land, water, forests, mines, etc.

  • This sector includes agricultural and allied activities, fishing, mining and quarrying.

Secondary sector:

It is called manufacturing sector also. Enterprises in this sector transform one type of commodity into another type of commodity.

  • For example: leather goods from leather, flour from wheat, sugar from sugarcane, etc.

Tertiary sector:

 It is known as service sector also. Enterprises in this sector produce services only.

  • Examples are banking, transport, communications etc.
Answered by Aryan0123
13

Primary Sector:

  1. This sector includes Industries that are involved in the Extraction of Raw Materials.
  2. This sector is directly associated with Nature because: They convert Natural Resources into Primary products.
  3. Since most of the Primary products are obtained from Agriculture, This sector is also called as "Agriculture and Related Sector."
  4. Examples are: Logging (Forestry), Fishing, Mining, Extraction of Crude-Oil and Natural Gas.
  5. In 'Developing Countries', Primary Sector make-up a large portion of its Economy.

Secondary Sector:

  1. This sector takes-up Primary products and converts them to Finished goods.
  2. This sector consists of Factories, Industries and Workshops. So, This sector is also called as "Industrial Sector."
  3. This sector involves Manufacturing Goods or Construction Work.
  4. Examples are: Yarn and Cloth weaving (from cotton), Sugar factory (from Sugarcane), Canned Food Manufacturing, etc...
  5. This sector is common in 'Developing' and 'Developed' countries.

Tertiary Sector:

  1. This sector is involved in activities that help in the development of both Primary and Secondary sector.
  2. This sector do not produce Goods, but provide Services that support Production. Hence, It is also called as "Service Sector."
  3. Examples are: Transport, Storage, Communication, Banking, etc...
  4. It also includes some Essential services like - Doctors, Lawyers, Teachers, etc...
  5. Some New Industries like Information Technology Industry, Software Industry, Internet Cafe, ATM booths, Business Process Outsourcing (BPO) Call centres, etc... also come under this sector.
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